Monday, November 18, 2024

Residential Mortgage

Altavera Mortgage Services Taps Debora Aydelotte As COO

Debora Aydelotte has joined Denver-based mortgage lender Altavera Mortgage Services as chief operating officer (COO). Aydelotte has more than 25 years' experience in...

David Silberman To Serve As Acting Deputy Director For CFPB

David Silberman has been selected by the Consumer Financial Protection Bureau (CFPB) to serve as its acting deputy director, a position currently held...

Freddie Mac: Housing Market Continued To Strengthen In October

The U.S. housing market in October continued to improve, resulting in a 0.59% increase in Freddie Mac's Multi-Indicator Market Index (MiMi) compared with...

CFPB Seeks Feedback On HMDA Resubmission Guidelines

The Consumer Financial Protection Bureau (CFPB) is seeking to expand the data that is submitted by lenders to the Home Mortgage Disclosure Act...

Black Knight: ‘Refinanceable’ Population Shrinks While ‘Tappable’ Equity Grows

Approximately 5.2 million borrowers could qualify for, and benefit from, refinancing at today's interest rates, a report from Black Knight Financial Services finds....

Auction.com Rebrands As Ten-X

As it continues to expand into traditional, non-distressed sales, Auction.com is rebranding itself as Ten-X. 'Our move to the Ten-X brand reflects our...

Freddie Mac Teams Up With Lenders One

Freddie Mac is teaming up with the Lenders One Mortgage Cooperative, a national alliance of independent mortgage bankers, correspondent lenders and suppliers of...

MBA: Mortgage Credit Availability Decreased In December

Mortgage credit availability decreased 2.4% in December to reach a score of 124.3 on the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index...

Kara Lamphere Returns To Mid America Mortgage

Kara Lamphere has returned to Mid America Mortgage to manage the company's correspondent lending operations and to oversee the firm's purchases of investor-rejected...

Freddie Mac: Rates Dipped Below 4.0% Amidst Global Economic Turmoil

Fixed mortgage rates dipped back below 4.0% during the week ended Jan. 7, according to Freddie Mac's Primary Mortgage Market Survey. The average...

National MI Hires Rick Renna As New England Account Manager

Rick Renna has joined National Mortgage Insurance Corp. (National MI), a subsidiary of NMI Holdings Inc., as an account manager in the greater...

Mortgage Automation Solutions Provider Roostify Expands Management Team

Scott Stein has been hired as the new vice president of sales for Roostify, a provider of automated mortgage transaction technology. In addition,...

Report: ‘Energy Patch’ States At Highest Risk For Home Price Depreciation

A report from Arch Mortgage Insurance (Arch MI) shows that the 'energy patch' states - such as North Dakota, Wyoming, Alaska, West Virginia...

MBA: Mortgage Application Volume Took Steep Dive Over The Holidays

As is to be expected, mortgage application volume took a steep dive over the holidays, falling 27% on an adjusted basis during the...

Parkside Mortgage Trust Invests In First Mortgage Loan

Parkside Mortgage Trust Inc., a real estate investment trust, has commenced investing in residential mortgage loans and other mortgage-related assets, including non-QM loans,...

United Wholesale Mortgage One Of The First To Offer HomeReady Program

United Wholesale Mortgage (UWM) reports that it is currently leading the market in offering Fannie Mae's new HomeReady program, which allows qualified lower-income...

New Consulting Office To Assist Fintech Companies Entering Mortgage Business

Clayton Holdings, a leading provider of loan due diligence, surveillance, REO management and consulting services to the mortgage industry, has opened a consulting...

CoreLogic: U.S. Home Prices Increased 0.5% In November

U.S. home prices increased 0.5% in November compared with October and increased 6.3% compared with November 2014, according to CoreLogic's home price index...

Black Knight: Home Prices Increased 0.2% In October

U.S. home prices increased 0.2% in October compared with September and increased 5.5% compared with October 2014, according to Black Knight Financial Services'...

Learning From The Surprises Of 2015

BLOG VIEW: The surprising fall in oil prices and interest rates in 2015 tells us that the global economy is still struggling to...